Hampton Roads home prices up by more than 10% in September

Homes in Hampton Roads are still selling quickly and often above the listing price with multiple offers, according to the latest monthly statistics from the Real Estate Information Network in Virginia Beach, or REIN.

For the first time in at least six years, the median price for a home sold in Hampton Roads rose by more than 10% compared with a year ago, according to the real estate multiple listing service. For several months, home sales have endured and even excelled during a global health pandemic that has caused other industries to greatly suffer.

REIN’s data indicate the median sales price for homes across the region in September was $275,000 versus $249,900 a year ago.

The number of homes for sale continued to shrink to record lows, dropping 42% to 4,839 houses across the South Hampton Roads and Peninsula regions versus 8,384 a year ago.

Despite the smaller inventory, there

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Plan for homes, limited business approved near Huntsville and Crossover roads in Fayetteville

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FAYETTEVILLE — Planning Commissioners voiced displeasure over, but approved, a plan for homes and one lot with commercial use facing Huntsville Road west of Crossover Road.

The commission voted 7-0 Monday to approve the plan for 11 single-family lots on the north side of Huntsville Road. One additional lot abutting the street will feature some type of commercial use. A road would split up the middle of the nearly 2-acre site.

Commissioners in May approved rezoning the land, and the City Council subsequently approved, to a community services zone. The city’s community services zone allows single-family up to four-unit dwellings, as well as multifamily and accessory dwellings and cluster housing. Commercial uses include eating places, neighborhood shopping, gas stations or drive-through restaurants, offices and home occupations.

Several commissioners expressed disappointment at a lack of variety of housing types presented in the plan. Commissioner Matt Hoffman described the request as a

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